Unrealised Potential: Rural Insurance in India

The insurance regulator has repeatedly emphasised the importance of expanding insurance coverage in rural areas through regulations in 2005, 2015, 2020, and most recently in 2024. Although insurance companies have assured IRDAI of adopting suitable local measures, rural insurance penetration remains low. Despite IRDAI’s consistent focus on rural outreach and setting targets for the rural… Continue reading Unrealised Potential: Rural Insurance in India